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1221 Limberlost Lane
Gladwyne, PA 19035
$2,750,000
Conventional
Property
Bedroom
5
Bathroom
8
Property Type
Conventional
Square ft
8609
Property Description
Nestled on over 1.5 acres of picturesque landscape, this custom-built Tuscan estate home showcases modern upgrades and luxurious features throughout. Accessed via a tree-lined driveway, the property exudes elegance and charm from the moment you arrive. Step inside to discover beautifully appointed interiors flooded with natural light, boasting grandly proportioned rooms and a highly desirable layout. Recent upgrades have elevated both the allure and functionality of the home, including the installation of new quartz countertops and backsplashes in the gourmet kitchen. Enhanced with Kountry Kraft cabinetry and updated hardware, the kitchen also features a refreshed island, perfect for casual dining or gathering. Throughout the residence, you'll find exquisite hardwood floors, exposed beams, oversized windows, and upgraded light fixtures that create a warm and inviting atmosphere. The main level offers a spacious family room with a stunning stone fireplace, ideal for casual enjoyment, while the adjacent dining room, complete with a wet bar, is perfect for hosting guests. Multiple decks, including a covered veranda and expansive lounge area with an outdoor fireplace, provide ample opportunities to enjoy the serene surroundings and entertain guests. Upstairs, the luxurious primary suite is a private retreat, featuring hardwood flooring, a gas fireplace, Juliet balcony, and his/her walk-in closets. The ensuite bathroom includes heated floors, and has been tastefully updated with new fixtures, adding to the home's modern appeal. Three additional bedrooms, each with its own ensuite bathroom, provide plenty of space and comfort for family and guests. One of them features a Juliet balcony and has a newer vanity with quartz countertops in its en-suite bathroom. At the end of the hallway, a versatile apartment-style suite offers endless possibilities. Featuring a bedroom, bathroom, home office, and den with fireplace, this space is perfect for multi-generational living or accommodating guests. The fully equipped kitchen and bonus room with built-in shelves provide added convenience and functionality. The finished lower level, designed for relaxation and recreation, is above ground and receives abundant natural light. Here, you'll find a spacious family room, perfect for gatherings and movie nights, alongside a game room and exercise area. A powder room adds convenience to the space, while a dedicated craft area with a sink provides a creative outlet for hobbies. The walk-out feature seamlessly blends indoor and outdoor living. Abundant storage is available. Additionally, two staircases allow convenient access to the lower level, enhancing its flow and accessibility. This fully geothermal home produces efficient heating and cooling. A tankless water heating system, heated floors in the kitchen, mudroom area, and guest-suite bathroom offer enhanced comfort and energy efficiency. A whole-home backup generator provides peace of mind, and synthetic exterior materials allow for minimal future maintenance. The storm water system is another bonus, as heavy rainwater drains into underground pits, preventing surface water flooding. There's a two-car garage with a 200 amp Tesla charging station, as well as an extra one-car garage, both giving inside access to the home. The grounds create a serene retreat, with ample space for outdoor activities and entertaining. Stone steps guide the way to a tranquil brook, accompanied by expansive newly landscaped grounds, offering a serene retreat. Furthermore, more than 25 trees were planted along a property line to enhance privacy. Ideally located in walking distance to the Village of Gladwyne, with scenic Bridlewild hiking trails steps from your door and the 87-acre Kenealy Nature Park close by, this home truly has it all - this home truly has it all - combining luxurious living with modern amenities in a idyllic setting.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2011
MLS Number
PAMC2093260
Location
Address
1221 LIMBERLOST LANE
City
GLADWYNE
State
PA
Zip Code
19035
County
MONTGOMERY (SOUTHEAST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Haverford Sales Office
Office Phone
(610) 649-4500
Agent Name
Robin Gordon

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.